2 weeks Ago By Defense World Staff
Alliancebernstein L.P. reduced its position in United Natural Foods, Inc.
(NYSE:UNFI – Free Report) by 0.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 66,268 shares of the company’s stock after selling 457 shares during the period.
Alliancebernstein L.P. owned approximately 0.
11% of United Natural Foods worth $1,810,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other large investors have also made changes to their positions in the company. Versant Capital Management Inc increased its position in United Natural Foods by 66.
5% in the fourth quarter. Versant Capital Management Inc now owns 931 shares of the company’s stock worth $25,000 after buying an additional 372 shares in the last quarter. Hazlett Burt & Watson Inc.
purchased a new stake in United Natural Foods in the 4th quarter worth approximately $27,000. Harvest Fund Management Co. Ltd purchased a new stake in United Natural Foods in the 4th quarter worth approximately $37,000.
GAMMA Investing LLC raised its stake in United Natural Foods by 46.0% during the 4th quarter. GAMMA Investing LLC now owns 2,027 shares of the company’s stock worth $55,000 after acquiring an additional 639 shares during the period.
Finally, Smartleaf Asset Management LLC lifted its holdings in United Natural Foods by 186.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,391 shares of the company’s stock valued at $65,000 after purchasing an additional 1,557 shares in the last quarter.
87.63% of the stock is currently owned by institutional investors. United Natural Foods Trading Up 1.
6 %Shares of UNFI stock opened at $24.63 on Friday. The company has a current ratio of 1.
48, a quick ratio of 0.53 and a debt-to-equity ratio of 1.39.
The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of -15.69 and a beta of 1.
08. United Natural Foods, Inc. has a 12-month low of $8.
58 and a 12-month high of $34.76. The stock’s 50-day moving average price is $27.
85 and its 200-day moving average price is $25.91. United Natural Foods (NYSE:UNFI – Get Free Report) last released its quarterly earnings data on Tuesday, March 11th.
The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.
04. The business had revenue of $8.16 billion for the quarter, compared to the consensus estimate of $7.
96 billion. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.
30%. The company’s revenue was up 4.9% compared to the same quarter last year.
During the same quarter in the previous year, the company posted $0.07 EPS. Equities research analysts predict that United Natural Foods, Inc.
will post 0.76 EPS for the current fiscal year. Analysts Set New Price TargetsSeveral brokerages have recently commented on UNFI.
The Goldman Sachs Group raised their price objective on shares of United Natural Foods from $25.00 to $28.00 and gave the company a “neutral” rating in a research report on Thursday, February 13th.
CL King raised United Natural Foods from a “neutral” rating to a “buy” rating and set a $33.00 price target on the stock in a report on Wednesday, March 12th. StockNews.
com upgraded United Natural Foods from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, Wells Fargo & Company increased their target price on United Natural Foods from $23.00 to $25.
00 and gave the stock an “underweight” rating in a research report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, United Natural Foods presently has a consensus rating of “Hold” and a consensus target price of $27.
50.View Our Latest Analysis on UNFIUnited Natural Foods Profile (Free Report)United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail.
The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.Further ReadingFive stocks we like better than United Natural FoodsThe 3 Best Retail Stocks to Shop for in AugustTariff Exemptions Set the Stage for a Taiwan Semiconductor RallyThe Most Important Warren Buffett Stock for Investors: His OwnMitigating Tariffs: 3 Stocks to Gain From a Weaker U.S.
DollarMastering Discipline: Overcoming Emotional Challenges In TradingBroadcom’s Apple Relationship: AI Opportunity Meets Tariff RiskWant to see what other hedge funds are holding UNFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Natural Foods, Inc. (NYSE:UNFI – Free Report).
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